If you made so much money doing X , why are you selling me this info product?

by Scott Ames 32 replies
If you made so much money doing X , why are you selling me this info product?

I see this argument a lot. Frankly I've thought of it at times too. Now that I see that info marketing makes gobs of money I understand better why people do it.

I remember listening to Ron LeGrand who stated he made a lot of money in Real Estate, but made a lot more marketing the "How to" stuff. Armando Montelongo is headed down the same path.

Buyers of info products are not stupid. They know that the author is making money on them. What seems to ring "untrue" are statements like " I'm doing this because I love people and want to share" - even if that might really be the case. When I hear that I think " Then give it to me free if you want to help so much "

Some marketers get successful in an area specifically so they can sell info products about it. I'm told John Childers did that. He became successful in Real Estate so he could sell info on how to be successful in real estate.

What is your retort to the question:


If you made so much money doing X , why are you selling me this info product?
#main internet marketing discussion forum #info #made #money #product #selling
  • Profile picture of the author JohnATX
    My reply is...because you can't have too much money
    {{ DiscussionBoard.errors[57178].message }}
    • Profile picture of the author David-JP
      In Ron Legrand's case, I think there's a lot more scalability in selling info products than buying and selling real estate. He also gets deals brought to him by students who've mastered his how to products. It serves as a deal funnel.

      David
      Signature
      Free Report: How IM Gurus Pull in 100k-$2mil A Year (Its Not What They Teach You)
      ---------------------------------
      The Nuts and Bolts of Starting-Up and Running a Successful Membership Site
      ==Membership Academy== aMember/Wishlist Hacks and How To Videos
      {{ DiscussionBoard.errors[57197].message }}
      • Profile picture of the author Rich Blondi
        Because I can create an info product on a subject I know, sell it, or have others sell it for me, and not have to do nearly anything for steady income. Then I can either continue to do what I do, knowing most people are too lazy to implement my ideas whether they know them or not, or do something else.

        Simple.
        {{ DiscussionBoard.errors[57203].message }}
    • Profile picture of the author Jamie Iaconis
      Originally Posted by JohnATX View Post

      because you can't have too much money
      I second that!
      {{ DiscussionBoard.errors[57199].message }}
      • Profile picture of the author radhika
        Buyers of info products are not stupid.
        But they are lazy. 99% of people like to gather info , not actually putting that in to action. So seller of the info product sees that selling info is another way of income to him

        .
        Signature
        Follow up Autoresponder PRO :: 33% Discount!!
        FREE Upgrades! IMPROVED Email Deliverability!!
        {{ DiscussionBoard.errors[57210].message }}
        • Profile picture of the author Eric Lorence
          Because in IM in particular, many money making methods come and go with the next "algo" update.

          The only way then to keep making money with them is to sell the "secret", long after it's no longer a secret, and no longer works.

          Best!
          {{ DiscussionBoard.errors[57224].message }}
      • Profile picture of the author Frank Bruno
        Smart marketers see this as another way of adding an additional income stream to their business.

        If a marketer can show other people out there how their making money, then why not?

        Some marketers truly do want to help other people, although there are some marketers who appear to be using that as a pretext.

        When I started marketing online in 1997 people started asking me how I was making so much money.

        I felt sorry for them, I had family and friends who would get up early in the morning drive to work in a rush-hour work eight to 10 hours a day, drive home in rush-hour traffic come home and tend their family.

        Meanwhile I would roll at a bed anytime I wanted to check my e-mail to see a much money I made.

        I really actually felt guilty that I was living a life that I know that they dreamed about.

        Because of that I've had a lot of family members and friends over the years asked me how to make money online.

        I truly wanted to show them how to make money online. But they just didn't understand the Internet.

        In fact when I was in my early 20s I used to work for a very close friend of the family at his auto body shop sanding cars by hand in an environment engulfed in dust inside a metal shop that reached 120 hundred 30° during the summer.

        The family member I worked for was the one making the big bucks, at least in my mind he was.

        In reality running his auto body shop was very difficult always fighting with environmental protection agency and new laws governing paint.

        Fast-forward 10 or 15 years later and that same close friend of the family was now asking me if I could put him to work or show him how I was making money online.

        In fact when I sold one of my websites in the 2005 for a substantial amount of money, he offered me a pitiful amount of money for it before it was sold.


        I thought that was one of the most ironic things that's ever happened in my life.

        So yes some marketers truly do want to help other people succeed in life just like they have.

        Frank Bruno
        {{ DiscussionBoard.errors[57220].message }}
  • Profile picture of the author chrisgarrett
    I think it is much easier to answer this question when what you are selling is demonstrated by you selling it Things like copywriting, info marketing, SEO, the proof is in the ads and the fact that they sell, kind of self-reinforcing?

    You can just say "of course I am doing this to make money but as you can see, my methods work"
    {{ DiscussionBoard.errors[57209].message }}
    • Profile picture of the author KenJ
      Surely you just follow the money.

      We all have high ideals but if there is a pot of cash sitting there it seems wrong not to go and simply collect the money that is waiting for you.

      I like to think I am helping people out but I am always looking at the money somewhere along the line
      {{ DiscussionBoard.errors[57216].message }}
    • Profile picture of the author Jamie Iaconis
      Originally Posted by chrisgarrett View Post

      I think it is much easier to answer this question when what you are selling is demonstrated by you selling it Things like copywriting, info marketing, SEO, the proof is in the ads and the fact that they sell, kind of self-reinforcing?

      You can just say "of course I am doing this to make money but as you can see, my methods work"
      Chris... I will have to say I agree with you on this one!

      Great reply!!!

      Jamie
      {{ DiscussionBoard.errors[57239].message }}
      • Profile picture of the author Mr BOLD
        Selling a secret long after its stopped working is just unethical. Yes this does happen in IM. However two good reasons to sell the info while you still make money with X is SCALE and LEVERAGE.

        Let's say I am able to make money with X, now for me to scale it will require additional time and additional money. Then you have to outsource or recruit staff... which means additional time and additional money. I would rather create a training system and sell it and use the money to make more money with X while enjoying my freedom.

        At some level its in our nature to share. What do you do when you found out some cool technique that makes you money? Don't you go out and share it with your closest buddy?

        Yes the statement "I'm doing this because I love people and want to share" seems kind of untrue. However there are situations where it really is true. It dosent mean that by selling an info product you are not helping. The whole premise of an info product is to solve some problem and help the person.
        {{ DiscussionBoard.errors[57305].message }}
      • Profile picture of the author Steven Wagenheim
        I'm going to give you a kick ass honest answer to this question and I'm going
        to do it with an example without mentioning any specific names so that the
        post doesn't get deleted.

        I did such and such a thing to make money online. I tried it out (something
        I thought of on my own) and I found that it worked, not selling my own
        product or the product itself (it didn't exist yet) but by selling other people's
        products and NOT in the IM niche.

        Once I saw that it worked, I decided to write about it and sell it.

        Why?

        Because people out there ARE looking for things that really work. So why not
        sell it to them? Why does it have to be given away just because you don't
        need the money from selling the info?

        It's like saying, "this guy owns a 5 star restaurant and cooks like a fiend,
        so why should he write a book on cooking and sell it? He doesn't need the
        money. Why not just give the book away?"

        Because there are people out there who DO want to learn what he can do
        and he shouldn't have to give the info away for free.

        I will never apologize for selling products on how to make money because
        they're all based off my own personal experience and they all work IF you
        put in the effort.

        There's your answer.
        {{ DiscussionBoard.errors[57311].message }}
        • Profile picture of the author Jeremy Gatica
          For some the passion of what they do supersedes everything else.

          a musician loves what he does, doesn't mean he should give his music away.

          a painter loves to paint, so why not sell painting kits.

          bringing in an outside income stream that coincides with what you are passionate about, allows you to pursue your passion your way.

          Jeremy
          {{ DiscussionBoard.errors[57325].message }}
          • Profile picture of the author macchiavelli
            Why does donald trump, a billionaire by the way, still sells books on how to become a billionaire?

            Money is money and great business minds know that.
            Why do artists after they become mega stars, start their own record labels?

            Wont they just create more competition for themselves by doing so??

            Ill leave you guys to figure that one out heheh.
            {{ DiscussionBoard.errors[57334].message }}
        • Profile picture of the author Trent Brownrigg
          The main answer would be to make even more money. Some also do it to honestly help people... while helping themselves financially at the same time.
          Signature

          You can find internet marketing strategies, SEO consulting, and tons of business advice at BAM!

          {{ DiscussionBoard.errors[57327].message }}
          • Profile picture of the author Keith Boisvert
            I think Frank gave the most complete answer.

            Why not have an additional income stream? That is how people maintain their fortunes and increase them.

            If I worked hard to create a "system" of making money, and that system works, why wouldn't I want to sell it? I think of it like franchises. I could cook a mean hamburger, so does that mean I can have a burger joint as successfull as Burger King or McD's? Probably not, becuase they have a system in place that is proven and works. So if I could afford it, I would buy into that franchise.

            Same goes for making money online. If my system can now make others money, while making me money, then why not? Especially if it means my work load is now decreased and my profit margins up! It's another profit stream.

            Now the old "I just want to help" line can be true depending on the marketer. It's a bit overused, but I think you have to look at who its coming from and determine whether it's BS or not. Usually those who really care, don't have to say it, they prove it.

            So in answer to your question "If you made so much money doing X , why are you selling me this info product?", I would say for MORE money.

            In another example, let's say you busted your butt for 5 years building your retail store that sells exotic hamsters(sorry Kevin R) and it was finally turning a profit. Everyday you worked hard to keep things afloat and profitable. Then one day, someone 3 towns over offered to buy into your business and start one in their town and would give you $XXXX a month for a franchise fee...would you do it? It wouldn't require any work on your part, you just collect the $$$. Then multiply that times 10, 20, 30...same thing...would you want the money? Your exotic hamster retail system works, and other people are willing to buy your system and make it work for them. Now you turn around, hire someone else to run YOUR retail location, manage the franchisees, and now you can finally relax a bit.

            Same thing in IM, minus the hamsters

            keith
            {{ DiscussionBoard.errors[57358].message }}
        • Profile picture of the author Marijo
          Hi...

          This question being asked is truly synchronicity at it's finest. To explain...

          I was getting ready to do a WSO here, and I had just written a partial Post/Sales page about this 'very topic' for the WSO because I think it can be a very misunderstood what people's motives and intentions are...especially if they truly 'are' trying to give back and are grateful for what they have and are moving forward and sharing.

          I will use some of this in my sales post when selling my WSO, because it's the Truth of how I feel, my experience in life, and everyone's experience is different and how they live their lives. Believe me, I'm no saint! Not even trying to be...(something about sinners have more fun)...but I mean what I say here below, it's my way of thinking and living, and I find it funny that people tend to 'distrust' you if you're really meaning well...and then I have to explain myself...just odd.

          AND BTW, Yes, I like money too...pleeze...I can make money and still help others, there's nothing wrong with that...it's why I'm doing IM. I'm not price gouging....the ebook will go for $11 on the WSO....I have it out for $17...and it Works, and I know that because it happened to me and I did it...and I'm now talking about it to help others....believe my motives or, that's your choice...There really 'are' some of us out there who give a @%$...

          Rather than get into it more, I'll just post what I wrote in response to someone's question of me in a forum as to : Why if I made all this money, am I giving away my secrets...and this is basically what I replied about two days ago.

          REPY: As to your question of am I making $4000 a month now 2 1/2 years later?...
          That's always an interesting question to me because people tend to think that's what I should still be doing if I was doing that in the beginning stages.

          No, I am not making $4000 a month currently. Understand that it's NOT that I couldn't be doing that, I have moved on into other areas of internet marketing at this point. The type of money I was making then served me to be able to invest in the internet marketing skills I needed, the mentoring I did with various people, buying product, joining sites...and now 2 1/2 years later I'm in that spot where all my studing, the mentoring, the program I've bought has started to pay off for me.

          The important thing is...I was able to make the money I needed to feed my addiction of working towards an internet marketing lifestyle. That's what my ebook is about, helping people make the extra money they want to get to where they want to go without being so stresed out about money!

          I am probably earning around $500 a month now on Half.com, and that varies up and down. I am not putting the time into it as I had been, and again, the reason for that is that I have moved on to other things in IM, other levels of the selling (i.e., the ebook). Half.com still brings me in extra money, but as you can see, I wanted to write an ebook and went into that area, which is all very time consuming in itself. Now the ebook is bringing in the 'missing' revenue from Half.com....and that's what it's all about...earning money from one place, then moving forward and earning money from another venue you've developed and grown into...then going on from there.

          So, when you see 'guru' types selling their 'secrets' online, and you're wondering, why are they doing that, aren't they just creating more competition for themselves and then they can't make that money, why would they do that???
          This is why 'I' did it...and more than likely the place they were at also...

          It's because I did something, found something that worked for me at an earlier stage, it got me where I wanted to be currently, and I am now moving forward with those plans and dreams that have now arrived, and the direction I want to go now and the ways of 'funding' those plans are different from the way I started with Half.com.

          SO...you realize that it's time to give back, help others get to that spot they want to be at, tell them how you did what you did to get to where you are now. You give a helping hand to all the people who you read online saying..."I've been doing this internet marketing for two years and it's still not working, I still don't have a website, and I still haven't made a dime...I'm going to have to get another day job to keep paying for all of this...help!" etc., etc...We've all been there with our stories.

          The extra money I made from Half.com got me to where I wanted to be, and now I'm earning money from the sale of my ventures at this time (ebook), and my time and efforts are going into these projects, not so much Half.com anymore...I have 'replacement monies' from goals that Half.com helped me to achieve. I'm at a new level of the internet marketing, and we all keep climbing the various levels.

          Each time you reach a new level of IM'g, I feel you turn around and lend a hand to someone behind you working to figure out that next level for them, so you tell others about what helped you when you were where they're at.

          There's alot out there about "Law of Attraction," etc...and that's all great...but 'gratitude and giving back' are key...and the more grateful you are and the more you give back, the more comes back to you...and I don't question why it works...

          It just does....

          If you are remotely aware of what's been going on out in the internet marketing world, paying any attention at all...you would see all the giving back that's going on...even better said...You would 'feel it' happening...you can literally 'feel' the intentions of giving back and gratitude!

          This giving back is coming from people like John Reese, Jim Cockrum, James Jones, John Thornhill, Terry Gibbs, Jim Straw, to name a very few...it's happening everywhere. And what a wonderful place to be in to be able to do so! And all are sincerely happy and grateful to help you up to your next level.

          That's why.

          Marijo
          "Secrets of how I made $4000 per month selling on Half.com"
          Selling on Half.com
          Signature

          Marijo
          "My heart has always been my weapon in this world and it will continue to be."

          {{ DiscussionBoard.errors[57374].message }}
          • Profile picture of the author OnlineMasterMind
            To make more! duh lol
            {{ DiscussionBoard.errors[57381].message }}
          • Profile picture of the author Pete Egeler
            Marijo:

            "No, I am not making $4000 a month currently.

            I am probably earning around $500 a month now on Half.com"

            How many times HAVE you made $4000 a month on Half.com?

            Can't understand why, if you were making that kind of money, you let it fall by the wayside to play around in other areas that are only making you 1/4th that amount.

            If you did it once, you're lucky. If you can do it constantly, you're an expert. And, again, if you CAN do it consistently, why stop?

            Pete
            {{ DiscussionBoard.errors[57468].message }}
            • Profile picture of the author Marijo
              Yeah....that's the ''other'' question I get.))))

              That's an easy answer for me, but not everyone 'gets it' or necessarily believes it after I tell them.

              I like the money...FUN part, most definitely!...but sometimes you outgrow what you're doing, don't want to do that anymore, you want to earn the money in other ways, areas, because it's just not FUN anymore. My life, I want to enjoy what I'm doing.

              I did the Half.com to earn money to pay for my IM...I did Ebay too, but it wasn't near as successful for me as Half.com. I still do both of these things, Ebay and Half.com. Both bring in revenue, part of the Streams of Income that has been my long sought-after goal, and they are definitely apart of that, along with other things I'm working on or have in place. Yes, the money is there, was there...it's just time to do something else that replaces that money because it's not what I want to do.

              Can't explain it any better than that.

              Another example in my life to paint this more clearly about 'me'...I was a freelance court reporter for 27 years, made good money...then after a four-week vacation in Italy, came back and decided I didn't want to do court reporting anymore. I realized how stress-free I was on this vacation and how reporting just wasn't for me anymore, I was staying 'just' for the money, and I don't want to live like that. I want to really like what I'm doing ...and to really push it... love what I'm doing, and I'm willing to work, strive for that...that's living to me!

              I now do some mentoring for others who want to be court reporters and are working on that goal for themselves, and I'm helping them achieve what I was doing and making good money at . It's my way of giving back to a career that brought me many good things and I'm grateful for all of it, but time to move on...it's what I needed to do. If I could have been 'comfortable there, I would have stayed doing that...but I wasn't, not really my choice, had to move on or feel complacent, and that's not how I want to live my life. For 27 years it worked...then...it didn't...so time to go.

              I always have something else I'm moving towards, and as I achieve that, as I said, I feel you need to turn around and lend a hand to someone else that is trying to have what you just moved on from...and that's just the way it works for me....my experience, how I live...you move into another level of things, and you turn around and teach, help someone else.

              Yes, $4000 a month is WONDERFUL...but it's not what I wanted to do forever, and it served me well while I needed to do that, just as the court reporting served me well, and I moved on from there. I just look at it as moving forward on to that next level and the money will be there too....money is always there, you just have to keep moving towards it...'be in motion'...and call it what you may, the Universe, whatever, but as you move toward what you want, it moves toward you, and things open up...and it's not always easy, hell no...but you keep moving towards your dreams...or you stop...

              Call it what you will...it works for me. And when you're grateful and give back...it works...comes back to you....like tithing...just does.

              It comes down, yes, it IS about the Money, but it's NOT about the money...it's got to be both, the money and the place you want to be at with making the money.

              Don't mean to be preachy...but you got me onto a topic I like talking about...))))

              Marijo
              Signature

              Marijo
              "My heart has always been my weapon in this world and it will continue to be."

              {{ DiscussionBoard.errors[57538].message }}
              • Profile picture of the author Andyhenry
                Hi Scott,

                My answer to your question is two-fold:

                1 - Because I enjoy it.

                2 - Multiple streams of income - If I can help others while adding another stream of income doing something I enjoy - Why wouldn't I?

                As Frank already said, I feel guilty that some people are struggling and I can't stop myself wanting to help.

                Way too often I help others at no cost and I get hounded about it by people that know me all the time with comments like "they're taking advantage of you", "your time is valuable so you should be charging for it, just because you enjoy helping doesn't mean you shouldn't get paid for it" etc. etc.

                Just because I make good money, that doesn't mean my time and knowledge has to be abused or taken for free. I have businesses paying me up to $5000 for one day of consulting, but many (if you're already making money then you should help me for free) IMers expect my time for nothing or the products of my time for $7 - It doesn't make logical sense.

                But since I love to help people I have fallen pray to a few of those leeches that just want your time and knowledge for free - and won't even use it.

                Andy
                Signature

                nothing to see here.

                {{ DiscussionBoard.errors[57565].message }}
                • Profile picture of the author X
                  All of the standard answers to a stupid question.

                  Have I offended everyone yet?

                  Good.

                  Here's my answer:

                  Because most of us sit in a back bedroom - or
                  graduate to an office space - where the rest of
                  the world looks at us in an absolutely bewildered
                  and clueless manner.

                  "You do what? Huh? I don't like computers."

                  That's what I get from the people who inhabit
                  my office space - they run water companies and
                  build houses for people and do taxes. They work
                  their asses off for a fraction of what I make.

                  I created my first product A. because I was
                  pissed at a number of things in this business
                  B. because I wanted to attract some like minds
                  into my little world and C. establish a reputation
                  that made doing things like joint ventures a
                  whole lot easier than it is when nobody has a
                  clue who you are or why they should care.

                  Or to be even more flat out honest: because
                  I want to flaunt how freakin' mad my skills are
                  in front of people who might actually appreciate
                  it.

                  It's an ego thing baby.

                  Sure, I made a quick chunk of money sharing
                  what I know - and it cost me some money too,
                  derailed aspects of my business and generally
                  caused more change than expected.

                  All cool, I rode the wave with a big fat grin.

                  I have 2 primary reasons for answering your
                  question. 1. So there might be some chance
                  you remove the cynical hatchet buried in your
                  back that says "Who'd actually share anything
                  that worked if it really worked?" Yes, people
                  *really do* share things that work while they
                  work and it extends beyond adding some extra
                  money to my already fat bank account. Hell,
                  with all that extra money I've got a couple
                  extra Ferrari's sitting in the driveway and rented
                  a yacht so me and my loser friends could shoot
                  a video showing you how much better my life
                  is than your's. We picked up some bimbos at
                  the local club (my God, I didn't believe people
                  could be that stupid - and all that pickup artist
                  stuff really does work - amazing) 2. So that
                  others might actually give a little more thought
                  and be a little more honest in their replies. I'm
                  sick of reading this limp-**** ****.

                  Oh hell, what am I doing? I'm a guru and I don't
                  have a launch next week. Why am I here?

                  X
                  Signature
                  The Affiliate Black Book
                  The Inside Nasty on How to Kick the Snot Out of a Google Cash affiliate.

                  Black Books Blog: No Cow is Too Sacred
                  The Death of Crap: Crap Dies Slowly
                  {{ DiscussionBoard.errors[57663].message }}
                  • Profile picture of the author Andyhenry
                    Originally Posted by X View Post


                    Because most of us sit in a back bedroom - or
                    graduate to an office space
                    Is that really a graduation?

                    I got 'proper' office once a few years ago just because I figured it would get me out of the house, but it felt like a normal job again - which was NOT want I was after, so I ditched it again.
                    Signature

                    nothing to see here.

                    {{ DiscussionBoard.errors[57809].message }}
                  • Profile picture of the author AndrewCavanagh
                    As a copywriter I know a few of my clients sell information products as a lead generator for their business activities which is very powerful.

                    In other words if I have a high priced consulting service where I help business owners get the maximum price when they sell their business (like Harvey Zemmel) I can gain credibility by selling an $500+ information product on how to get the maximum price when you sell your business.

                    In this case Harvey is already a millionaire but he's sold most of his physical businesses and moved on so he now has the time and energy to devote on teaching others.

                    And he can make great money out of helping others without personally repeatedly going through the process of setting up, running then selling other businesses.


                    In many cases the information product explains a process the person used to make good money in an early phase of his business.

                    My product Offline Gold for the Online Marketer explains how to sell your internet marketing services to local businesses.

                    I made very good money doing this for many years but as my reputation grew as a copywriter I gradually charged more and more just for writing sales copy and the money I could make from offline business clients was less attractive.

                    When you're making $5,000+ from writing a single sales letter charging a small business owner $2,500 to set up a simple website sounds less appealing.

                    But if you have good online marketing knowledge and you're just starting out with very little income getting paid even $1,000 by a small business owner for 2-3 days work putting up a 3-4 page website is really great money.

                    Beats working a job and I'm happy to show you how I got hired to do it in the past and how I still do it for very selected clients.

                    It's a nice extra income for me and it's a great income for you that can be a stepping stone to higher paid gigs or just an income you're happy with.



                    Finally there are strategies that require a lot of work.

                    When you're making a six figure income you often come across many online strategies that do make money.

                    You've used them, they work, but you have no real interest in hiring someone to do them for you and the amount of work required doesn't justify the return for you at your income level.

                    So you sell the method as an information product.


                    I think you do have to be very cautious about buying any information product that claims there's no work involved and you can make a huge amount of money.

                    It's unlikely someone will sell information like that.

                    On the other hand if you want to make money and you're willing to put in some genuine effort there are plenty of info products in the internet marketing niche that will help you create an income equal to or way in excess of working a regular 9 to 5 job.

                    Kindest regards,
                    Andrew Cavanagh
                    {{ DiscussionBoard.errors[57819].message }}
          • Profile picture of the author Jim Cockrum
            Originally Posted by Marijo View Post


            ...This giving back is coming from people like John Reese, Jim Cockrum, James Jones, John Thornhill, Terry Gibbs, Jim Straw, to name a very few...it's happening everywhere. And what a wonderful place to be in to be able to do so!
            Thanks for including me in that all-star line up! ...and right after John Reese too! Very nice...

            And I'd have to agree that those other guys are all some very giving experts.

            ;0)

            And since I'm sometimes called a "guru" I can tell you that it's a great feeling hearing from someone that credits you for helping change their life. Making a great income while doing that is truly living the good life.
            Signature
            ProvenAmazonCourse.com aka the "PAC" now includes the #1 "Private Label" training on the web (ProvenPrivateLabel.com)! We've been teaching "physical product" sales online since 2002 & we've accumulated over 1,000 success testimonials!
            {{ DiscussionBoard.errors[57810].message }}
  • Profile picture of the author Zach Booker
    You can never have enough money...so if you can make an e-book and make even more money why not ??
    {{ DiscussionBoard.errors[57364].message }}
  • Profile picture of the author Jelasco
    Originally Posted by Scott Ames View Post

    What is your retort to the question:

    If you made so much money doing X , why are you selling me this info product?
    No retort, just cross that person off as clueless. That logic would invalidate every business book ever written.

    Would people prefer if the author had not made money using the ideas he was selling?
    {{ DiscussionBoard.errors[57366].message }}
  • Profile picture of the author Rachel Rofe
    Originally Posted by Scott Ames View Post

    What seems to ring "untrue" are statements like " I'm doing this because I love people and want to share" - even if that might really be the case. When I hear that I think " Then give it to me free if you want to help so much "
    I can tell you with stone-cold confidence that free doesn't work... ESPECIALLY if you want to help people.

    I was going to give yayFOOD away for free for a long time... and everyone kept warning me against it. They all said that when people pay, even if it's a small amount, they value it 10x more.

    I took it at their word, but REALLY discovered that with Internet Marketing. You wouldn't believe how many stories I get... emails, PMs, etc... from people who say they really want my product but just can't afford it. Some of the stories absolutely break my heart. I always used to give out free copies of products to people like that... I was estimating the other day that I've given out at LEAST $20,000 worth of product to at least 50 people.

    All I ask when I give stuff away is that people let me know how it worked out for them (not for a testimonial, I just want to make sure I was able to help).

    To date, I haven't received one story back. And I KNOW the stuff I put out is quality.

    Hell, one time I offered FULL SALES LETTERS - for free - to 2 people that I saw got screwed over in a Warrior thread. They paid $197 or something, and I offered them a $4000 letter... for free, just because I felt bad for them. The one that complained the most in the thread, talking about how much money he lost and how he really needs it... never even got back to me with my questionnaire.

    I actually decided yesterday that any time anyone asks me for anything again, I'm going to ask them to fill out an application, do certain things (get at least 3 backlinks to yayFOOD, etc.), etc... and then I'll look into it. It might sound rude, but I believe it's helping people more than anything else.
    {{ DiscussionBoard.errors[57844].message }}
    • Profile picture of the author Andyhenry
      Rachel,

      That makes perfect sense.

      Your time is valuable - no-one else has it or can provide it, so anyone wanting it should appreciate that.

      Andy
      Signature

      nothing to see here.

      {{ DiscussionBoard.errors[57859].message }}
    • Profile picture of the author VegasVince
      Originally Posted by Rachel Rofe View Post

      I can tell you with stone-cold confidence that free doesn't work... ESPECIALLY if you want to help people.

      I was going to give yayFOOD away for free for a long time... and everyone kept warning me against it. They all said that when people pay, even if it's a small amount, they value it 10x more.

      I took it at their word, but REALLY discovered that with Internet Marketing. You wouldn't believe how many stories I get... emails, PMs, etc... from people who say they really want my product but just can't afford it. Some of the stories absolutely break my heart. I always used to give out free copies of products to people like that... I was estimating the other day that I've given out at LEAST $20,000 worth of product to at least 50 people.

      All I ask when I give stuff away is that people let me know how it worked out for them (not for a testimonial, I just want to make sure I was able to help).

      To date, I haven't received one story back. And I KNOW the stuff I put out is quality.

      Hell, one time I offered FULL SALES LETTERS - for free - to 2 people that I saw got screwed over in a Warrior thread. They paid $197 or something, and I offered them a $4000 letter... for free, just because I felt bad for them. The one that complained the most in the thread, talking about how much money he lost and how he really needs it... never even got back to me with my questionnaire.

      I actually decided yesterday that any time anyone asks me for anything again, I'm going to ask them to fill out an application, do certain things (get at least 3 backlinks to yayFOOD, etc.), etc... and then I'll look into it. It might sound rude, but I believe it's helping people more than anything else.


      No Rachel....it doesn't sound rude at all. And I'll take it even further.....

      To the dead beats that woke up and decided to exploit your inherant kindness....I hope all of them packed on 40 pounds to their greedy, want somethin' for nothing fat asses!

      I'm suprised they didn't ask you for a refund...for a product you charge for but handed them for free...because that's the mentality of these bottom feeders.

      And you'se guilty ones...know who you are. Shame on you.

      The fact is.....those who want a free lunch don't get served by me....cuz maybe I don't have as good as heart as Rach doesn. Or maybe its cuz I've been around the block a few years younger then she has.

      Freebie seekers have.... and always will be losers in my book....BECAUSE THEY DON'T SEEK REAL SOLUTIONS...THEY SEEK SOMETHING FOR NOTHING.

      Bottom feeders exist to suck the creativity and hard work out of others.... via their sob stories and fat asses...all the while never doing shit to better themselves......much less thank the person they conned.

      And to answer the original theme of this OP.......I don't give a shit what you sell to me.....if it works...thanks.

      If it doesn't work....well..... then I'm not gonna buy from you again. I assume you're selling me because you want to LEVERAGE your talent and skill.

      I aint got no problem with that! Just make sure you deliver what you'se say....and you can do what ever the hell you want...cuz why would I care?

      I'm more then willing to "pays my money" and find out one way or another.

      The next time one of these dead beat sheep emails you'se with some sob story....jack up the price on them for their own good....call it a deadbeat loser tax.

      To do otherwise is doing them and you'se a disservice.


      xxx Vegas Vince
      {{ DiscussionBoard.errors[57885].message }}
  • Why not?

    Why stop making as many streams of income as you can?

    I make money doing a lot of things and once I get it down enough that other people can copy what I do, I package up an info pack and sell that info to them.
    {{ DiscussionBoard.errors[57867].message }}
  • Profile picture of the author KenSilver
    Because there's not as much money in business as you think. I know of an entrepreneur who still owns a chain of takeaway shops while building his $20 million real estate investments.

    When I read about his predicament, my first thought was that either of those businesses would be a substantial income earner on its own. But the more I looked into it the less 'real' money appeared.

    Paper value is fine, but you need Cashflow always... the first rule of business! And often information 'how-to' selling supplies that.

    And the additional customer base doesn't harm your prime business either.

    But the brutal fact of life is that at any level of achievement you always want more. You need it to party with your new-found rich listers, or just to afford the next level of yacht.
    {{ DiscussionBoard.errors[57907].message }}

Trending Topics